On the way up, the oil price was increasing without gas prices going up as much, so it's not not surprising. Even when gas prices rose, the oil prices had risen faster--tripling in price, from about $50 to $150/barrel, while gasoline did not jump from $2 to $6/gallon.
So when the price of oil came down, why would we expect the price to drop proportionately?
Why, in your opinion, did the gas price not keep up with the price of oil?
It doesn’t make since that oil companies are raking in record profits yet not charging the *full* amount for gas.
I guess I’m grateful to some extent.